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The actions of altcoin whales during the surge were revealed

2026-08-23 00:50:39
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Large-value trading trends of whales in the crypto market: Bitcoin, Ethereum and Hyperliquid attract attention

As the bullish trend in the cryptocurrency market strengthens, the trading activities of large whales (large households) have also begun to attract attention. On-chain data shows that positions worth hundreds of millions of dollars have been opened or closed on Bitcoin (BTC), Ethereum (ETH) and Hyperliquid (HYPE).

Ethereum Whale: Matrixport-related accounts made a profit of nearly 10 million US dollars

A whale associated with Matrixport is said to have closed 40,000 long positions in ETH, worth approximately 100.5 million US dollars, and made a profit of 9.9 million US dollars. The investor still holds 80,000 long positions in ETH (worth approximately US$201 million) and 500 BTC (worth US$39 million). The unrealized profit on these open positions was approximately $22.9 million. It is reported that the whale had previously accumulated a loss of US$92.5 million, but after these recent transactions, its position has turned into a profit of approximately US$32.8 million.

Hyperliquid whale: loracle.hl lost more than US$70 million in three months

On the Hyperliquid side, it was reported that a whale named loracle.hl lost more than US$70 million in the past three months due to HYPE transactions. The whale currently holds approximately 685,744 short positions in HYPE, worth approximately US$54.88 million. It is said that if HYPE prices rise to US$101.15, these positions will face liquidation risks.

Highly leveraged trader "Big Brother Machi" made more than US$12.5 million in three days

Machi Big Brother, who often makes headlines for highly leveraged trading, is also one of the beneficiaries of the recent rally. According to reports, the investor had previously suffered about 500 liquidations, but in just three days, its funds increased from $152,000 to $12.72 million. Based on this calculation, Machi made a short-term profit of more than $12.5 million.

Multicoin Capital's large transfer attracts attention: More than 420,000 HYPE were deposited into Coinbase Prime

Although HYPE prices hit a record high, Multicoin Capital's token transfer is equally eye-catching. According to reports, the company has deposited a total of 427,422 HYPEs with Coinbase Prime in the past three days, with the total value of these transfers being approximately $31.74 million. The market is paying close attention to possible sales or portfolio adjustments behind such large amounts of tokens being transferred to institutional trading platforms.

Bitcoin Anonymous Whale sold 7700 BTC units in three days, with a total value of approximately US$576.6 million.

In terms of Bitcoin, the selling behavior of an anonymous large investor was particularly prominent. In a recent deal, the whale sold approximately 2700 BTC units worth approximately $211.8 million. This brought the total number of bitcoins sold by the investor in just three days to 7700, and the total value of these transfers is estimated to be approximately $576.6 million.

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